For the Quarter Ending September 2025
North America
• In the USA, the Ammonium Polyphosphate Price Index fell by 1.96% quarter-over-quarter, supply constraints.
• The average Ammonium Polyphosphate price for the quarter was approximately USD 2050.67/MT CFR Los Angeles basis.
• Ammonium Polyphosphate Spot Price showed volatility as inventories fluctuated, influencing the Price Index and trading desks.
• Ammonium Polyphosphate Price Forecast indicates modest recovery influenced by diversified sourcing and seasonal demand normalization.
• Ammonium Polyphosphate Production Cost Trend reflects stable feedstock pricing but rising logistics and tariff-related pressures.
• Ammonium Polyphosphate Demand Outlook varies sector; agricultural softness contrasts with steady flame retardant and coatings consumption.
• Inventory rebuild from Canada and Germany reduced acute shortages, weighing on short-term spot trading and Price Index.
• Major importer operational stability limited outages, but tariffs and logistics kept transactional flows irregular, constraining consistent supply.
Why did the price of Ammonium Polyphosphate change in September 2025 in North America?
• Inventory overhang from agricultural channel reduced buying urgency, pressuring prices despite industrial demand near-term stability.
• Tariff-driven sourcing shifts increased logistics complexity and import costs, elevating procurement timing uncertainty for buyers.
• Regulatory updates and grade reallocation favored industrial grades, creating allocation tension and selective upward pressure on some grades.
APAC
• In Indonesia, the Ammonium Polyphosphate Price Index fell by 2.32% quarter-over-quarter, reflecting weak construction demand.
• The average Ammonium Polyphosphate price for the quarter was approximately USD 1968/MT, supported by imports.
• Elevated inventories constrained Ammonium Polyphosphate Spot Price movement despite delayed China shipments and port congestion.
• Short-term Ammonium Polyphosphate Price Forecast indicates recovery potential as inventories normalize and seasonal demand improves.
• Freight and logistics premiums influenced the Ammonium Polyphosphate Production Cost Trend across CFR import supply chains.
• Fertilizer channel stability supported the Ammonium Polyphosphate Demand Outlook, offsetting weaker coatings and construction pressure.
• Export demand remained muted; the Ammonium Polyphosphate Price Index showed limited volatility amid policy headwinds.
• Downstream compounding and cable insulation restocking supported consumption, keeping the Ammonium Polyphosphate Spot Price anchored.
Why did the price of Ammonium Polyphosphate change in September 2025 in APAC?
• Persistently high local inventories limited upward pressure despite some delayed shipments arriving from Qingdao port.
• Monsoon-driven construction slowdown reduced coatings demand, weakening domestic offtake and exerting downward Price Index pressure.
• Freight costs rose but did not significantly overcome weak demand, moderating Production Cost Trend influence.
Europe
• In Europe, the Ammonium Polyphosphate (APP) Price Index showed mix performance in Q3 2025, reflecting regulatory-driven substitution in flame retardants.
• Ammonium Polyphosphate Spot Price remained firm amid strong construction-sector demand and non-halogenated preferences.
• Ammonium Polyphosphate Spot Price strengthened as halogenated alternatives faced regulatory phase-outs, supporting Price Index gains.
• Forecast for Ammonium Polyphosphate Price Forecast remains positive amid EU sustainability targets and fire-safety compliance.
• Production Cost Trend signals moderate phosphorus raw-material volatility, offset by diversified sourcing and stable energy inputs.
• Demand Outlook shows robust pace; construction and eco-compliant formulations sustain APP consumption alongside specialty applications.
• Market dynamics include REACH-aligned substitution, steady phosphorus supply, and logistics stability supporting Spot Price resilience.
• New sustainable APP grades and seasonal construction activity may drive Price Index gains into Q4.
• Fertilizer-segment softness and competitive non-halogenated alternatives may temper broader APP Price Index upside.
Why did the price of Ammonium Polyphosphate change in September 2025 in Europe?
• Supply remained stable with diversified phosphorus sourcing and efficient sulfonation capacity utilization.
• Cost pressures were contained despite phosphorus price swings, supported by manufacturer hedging and stable production inputs.
• Demand dynamics shifted toward non-halogenated flame retardants in construction and industrial applications, boosting overall APP consumption in Europe.
For the Quarter Ending June 2025
North America
• The Ammonium Polyphosphate (APP) import price (CFR Los Angeles) surged by 2.87% in Q2, closing the quarter on a bullish note at USD 2,091.67/MT.
• Supply tightness persisted throughout Q2 due to high tariffs on Chinese imports, Middle East disruptions, and sanctions on Russian trade.
• Buyers shifted sourcing to Canada and Germany, but shipment volumes remained constrained.
• Agricultural demand remained strong, while industrial segments like paints and coatings underperformed amid regulatory changes.
• Massachusetts regulations on flame retardants and a broader shift to non-halogenated variants added complexity to sourcing and compliance strategies.
Why did the price of APP change in July 2025 in North America?
• Prices rose amid continued geopolitical disruptions and high global freight rates.
• Tariffs on Chinese goods and unstable Middle East logistics constrained import availability.
• Robust demand from the fertilizer sector supported price gains.
• Paints and coatings sector stayed weak, but this was offset by regulatory-driven reformulation demand.
Asia-Pacific
• APP prices in Indonesia (CFR Tanjung Priok) inclined by 2.96% in Q2, settling at USD 2,014.67/MT.
• Congestion at Qingdao continued to delay shipments, though local overstocked inventories muted price impact.
• Fertilizer demand remained steady, while construction and coatings demand weakened due to monsoon effects.
• Indonesia’s Ministry of Trade lifted fertilizer import restrictions, aiming to simplify licensing and align with U.S. tariff policy timelines.
• Market fundamentals remained stable, with logistics costs accounting for most of the price rise.
Why did the price of APP change in July 2025 in Asia-Pacific?
• Prices rose slightly due to minor logistical cost increases, not fundamental demand shifts.
• Monsoon onset reduced coatings and construction-sector demand.
• Fertilizer consumption held firm, providing market support.
• Import policy reform improved outlook, but impact was not immediate during June.
Europe
• APP prices in Germany were stable to firm in Q2 2025 amid mixed demand trends and constrained import flows from Asia.
• Congestion at major Chinese ports affected European inventory timelines, especially for industrial-grade APP.
• Demand from paint and coating formulators remained soft, affected by construction slowdown and weak architectural demand.
• Fertilizer demand stayed moderate, with German agribusinesses sourcing from intra-EU suppliers due to reduced Asian availability.
• Regulatory scrutiny on phosphorus-based formulations, along with slow REACH registration renewals, created uncertainty for industrial buyers.
Why did the price of APP change in July 2025 in Europe?
• Prices held steady due to balanced demand and limited import availability from China and Southeast Asia.
• Paints and coatings consumption declined, but fertilizer and industrial detergent sectors maintained stable volumes.
• EU environmental regulations kept formulators cautious, delaying procurement for certain downstream applications.
• Market participants opted for inventory drawdowns, awaiting clarity on supply chain normalization and regulatory updates.
